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what are the red flags with co-ownership you hear a lot of talk about cornership lately uh and truthfully some arent actually co-ownership and im gonna explain why [Music] so there are three types of co-ownership well the first two arent really co-ownership but lets put it this way there are three things that people are calling co-ownership so the first is rent to own right they dont call it rent to own probably because that has some not so great connotations sometimes people try to change the name but basically that rent to own is where you know you have an investor who buys a property uh you pay them some deposit and then typically a higher monthly rent and they apply some of that rent towards the equity in the property and then at the end of us agreed upon period of time you know three years four years five years you have the option to purchase the property and will have built up a down payment the downside of that is sometimes people dont cant close after three four or five
